ConductorOne, Inc., a leader in identity security and access governance, announced a $12 million expansion of its Series A funding led by Felicis. The company has witnessed significant growth since its initial Series A funding announcement in June 2022. It currently manages access for customers including DigitalOcean, Ramp, Loom, Panther, DeepWatch, and more. These businesses leverage ConductorOne to automate and orchestrate user access to cloud applications and infrastructure through access reviews, self-service requests, just-in-time provisioning and deactivation workflows. The new $12 million investment was led by Felicis, the investment firm of Aydın Şenkut. Travis McPeak (CEO and founder of Resourcely), Anna Westelius (Director of Security Engineering at Netflix), Jason Chan (Head of InfoSec at Netflix), Mark Hillick and other important new angel investors.
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ConductorOne
Any solution that helps companies achieve least privilege should have little or no impact on workforce productivity. ConductorOne is building a multi-product platform that does just that. Least privilege access with a seamless user experience powered by automation.
Jake Storm, Felicis’ partner.
ConductorOne is innovating in an area that is underserved by the tech industry and solving problems that many teams have to do manually. That’s a really big value for us. We knew we wanted everything to be automated, we didn’t want to do anything manually, that wasn’t anywhere in the market.
Heather Cannon, Infrastructure Security Manager at DigitalOcean
We found that the fewer people they have access to customer data and the less time they have to access that data, the more our customers are willing to partner with us and help us solve some of our most challenging problems when it comes to managing access across the company.
Paul Yoo, Head of Safety Assurance at Ramp